Exports to Jordan jump 71%

The growth trend was driven mainly by an increase in metal exports, which generated $38.6m. in the first half.

By SHARON WROBEL
September 3, 2007 08:01

Exports to Jordan, excluding diamonds, rose by 71 percent to $114 million in the first six months of the year compared with the same period last year, the Manufacturers Association of Israel reported Sunday. The growth trend was driven mainly by an increase in metal exports, which generated $38.6m. in the first half. In addition, jewelry exports to Jordan jumped more than 100% to $26m. during the period while chemicals shipments rose by 24% to $3.3m. compared with the first six months of 2006. For the full year, the Association estimated that exports to Jordan not including diamonds would grow by 50% to $200m. compared with 2006. Over the past year, 72 new Israeli companies started to operate in Jordan, bringing to 329 the total number of Israeli companies doing business there.


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